10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

The Hon. Ravi Karunanayake

New Democratic Front· National List· 28 February 2025 ·Oral question: Oral Question 2 - Companies Registered with Registrar of Companies (Q.426/2025)

Public FinanceCorruption & Governance Reform
AI summary generated by gpt-5.5

Ravi Karunanayake noted a disparity between the number of registered active companies and those paying tax, stating that only about 23,800 of roughly 205,000 registered companies pay Inland Revenue. He urged the Government to ensure all 202,426 active companies are brought online, can be registered within a day, and are covered by a mechanism to ensure tax compliance.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Thank you for the answer. My first supplementary: you say about 205,000 companies are registered; only about 23,800 pay tax to Inland Revenue. There is a disparity. Please ensure all 202,426 active companies are online and within a day can be registered, and create a mechanism so they pay taxes.

Provenance

Source
Hansard, Friday, 28 February 2025 ·No. 1741927369029372 ·English daily/uncorrected Hansard
Page · column
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Permalink
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Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 28 February 2025. No. 1741927369029372. Politick, https://staging.politick.io/lk/speeches/26208